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Word: zeckendorfian (lookup in dictionary) (lookup stats)
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...President's other mortgage obligations are less Zeckendorfian. The two houses he bought on Bay Lane in Key Biscayne formed a $252,800 package. The house at 516 Bay Lane has a mortgage of $100,000, payable in 25 years at 7½% interest. The second house, at 500 Bay Lane, has two mortgages totaling almost $80,000, each for ten years at 6%. The presidential compound formed by the two houses is flanked by Nixon's friends. The ubiquitous Rebozo owns a house adjacent to the President's property. The house next to Rebozo...

Author: /time Magazine | Title: Nation: KEEPING UP THE PRESIDENTIAL PAYMENTS | 9/12/1969 | See Source »

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